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Cybersecurity firm F5 discloses nation-state hack, says operations unaffected
Reuters· 2025-10-15 15:02
Core Insights - Cybersecurity firm F5 reported unauthorized access to its systems by a sophisticated nation-state threat actor, but confirmed that the breach did not impact its operations [1] Company Summary - F5 detected the breach on Wednesday and emphasized that it was a highly sophisticated attack [1] - The company reassured stakeholders that there was no operational impact from the unauthorized access [1]
Archer Aviation to buy Lilium's 300-patent portfolio for $21 million, shares jump
Reuters· 2025-10-15 14:46
Core Insights - Archer Aviation has successfully won a bid to acquire Lilium's portfolio of approximately 300 advanced air mobility patent assets for 18 million euros ($20.91 million) [1] Company Summary - The acquisition is aimed at expanding Archer Aviation's capabilities in the advanced air mobility sector [1] - The deal signifies a strategic move to enhance Archer's intellectual property and technological foundation [1] Industry Summary - The advanced air mobility industry is witnessing consolidation as companies seek to strengthen their patent portfolios and technological advantages [1] - The acquisition reflects the growing competition and investment in the air taxi market, highlighting the importance of intellectual property in this emerging sector [1]
OPEC to hire consultant to assess members' capacity, says Kuwaiti Minister
Reuters· 2025-10-15 13:59
The Organization of the Petroleum Exporting Countries (OPEC) is moving to appoint "one of the top consultants" to visit member states and assess their production capacity in the coming months, Kuwait'... ...
Horse Powertrain working with Leapmotor, Chery and JAC for global markets, executive says
Reuters· 2025-10-15 13:52
Engine developer Horse Powertrain is working on vehicle projects with Chinese automakers Leapmotor , Chery and Jianghuai Automobile to tap global markets outside China, an executive said on Wednesday. ...
Apple rolls out devices with more powerful M5 chip
Reuters· 2025-10-15 13:42
Core Insights - Apple has introduced several product updates, including a refreshed MacBook Pro, an iPad Pro, and a second generation of the Vision Pro headset, integrating its latest M5 chip across these devices [1] Product Updates - The refreshed MacBook Pro features the latest M5 chip, enhancing performance and efficiency [1] - The new iPad Pro also incorporates the M5 chip, indicating a focus on improving processing power and user experience [1] - The second generation of the Vision Pro headset showcases advancements in technology, likely aimed at enhancing virtual and augmented reality experiences [1]
Novo Nordisk begins round of layoffs in United States, sources say
Reuters· 2025-10-15 13:39
Drugmaker Novo Nordisk has begun a round of layoffs in its most important market, the United States, with affected staff set to be notified between this week and next, according to an email and two so... ...
US retail sales excluding autos likely increased again in September, Chicago Fed says
Reuters· 2025-10-15 13:16
Group 1 - U.S. retail sales excluding motor vehicles and parts likely posted further gains in September [1] - The rise in retail sales probably reflected higher prices [1]
Brazil's Eletrobras sells stake in Eletronuclear to J&F for $98 mln
Reuters· 2025-10-15 12:51
Core Viewpoint - Brazilian power company Eletrobras has signed a contract with J&F for the sale of its stake in Eletronuclear for 535 million reais (approximately $97.87 million) [1] Company Summary - Eletrobras is divesting its interest in Eletronuclear, a state-run entity, indicating a strategic move to streamline operations and focus on core business areas [1] - The sale amount of 535 million reais reflects Eletrobras' ongoing efforts to optimize its asset portfolio and improve financial performance [1] Industry Summary - The transaction highlights ongoing consolidation trends within the Brazilian energy sector, as companies seek to enhance operational efficiency and reduce state involvement in certain areas [1] - The sale may impact the competitive landscape of the nuclear energy segment in Brazil, potentially leading to increased private sector participation [1]
Novo Nordisk signs up to $2.1 billion licensing deal with Omeros in rare disease push
Reuters· 2025-10-15 12:32
Core Insights - Danish drugmaker Novo Nordisk has entered into a licensing agreement with Omeros, which could be valued at up to $2.1 billion for an experimental drug targeting rare blood and kidney disorders [1] Group 1 - The licensing deal signifies a strategic collaboration between Novo Nordisk and Omeros, highlighting the growing interest in treatments for rare diseases [1] - The potential value of the deal, reaching $2.1 billion, indicates significant investment and confidence in the drug's development [1] - The agreement reflects a trend in the pharmaceutical industry towards partnerships to enhance research and development capabilities for niche markets [1]
Lone Star to take Hillenbrand private for $2.3 billion
Reuters· 2025-10-15 12:18
Core Points - Hillenbrand is being acquired by Lone Star Funds for $2.3 billion in cash, leading to a 19% surge in the company's shares during early trading [1] Company Summary - The acquisition price of $2.3 billion indicates a significant valuation for Hillenbrand, reflecting the investment firm's confidence in the industrial equipment maker's future prospects [1] - The 19% increase in share price suggests a positive market reaction to the acquisition news, indicating investor optimism regarding the deal [1]